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Saturday, June 19, 2021
Home Midstream Gas/Power NLNG signs 1.1 MTPA of gas with three firms for local consumption

NLNG signs 1.1 MTPA of gas with three firms for local consumption

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Nigeria Liquefied Natural Gas (NLNG) has signed the execution of Sales and Purchase Agreements (SPAs) to supply 1.1 Million Tonnes Per Annum (MTPA) of LNG to three Nigerian power firms to aid LNG delivery into the domestic market.

The firms are Asiko Power Limited, Bridport Energy Limited and Gas-Plus Synergy Limited.

Speaking at the announcement of the execution of agreement in Abuja, Managing Director, NLNG, Tony Attah, said the SPAs would facilitate the project execution and development of infrastructure led by off-takers to aid LNG delivery into the domestic market.

He said Nigeria LNG remains a major influencer in the domestic LPG sector. Presently, we have dedicated 450ktpa of LPG to the market and our focus is to support the use of cleaner energy to protect our citizens and the environment from the hazards posed by other cooking fuels by encouraging the use of cooking gas in Nigeria.

“BIG congratulations to our Board of Directors and Shareholders for this demonstration of faith in the Decade of Gas vision, and commitment to the actualization of that vision. Congratulations, too, to the Department of Petroleum Resources (DPR), who will no doubt play a critical role. Congratulations also goes to other stakeholders and corporate entities gathered here today. This is just the beginning, and our individual and collective efforts will be needed to make this journey a success”.



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